An Example of TRUE Passive Income

4 replies
Most people think that owning a business or website will eventually get you passive income.

-this will be the case for very few (if any)

Owners have to create their websites, make a brand, constantly advertise (yes constantly advertise because the market is always changing)

In other words.. the work is never done

How my wife makes true passive income

My wife is an amateur photographer. She enjoys taking pictures with her digital SLR.. She is very good.

After a little photoshopping she will:
a. Upload her photos to stock photo sites
b. Upload her photos to her SmugMug account where people will pay astronomical prices for prints.

How is this passive?

Every month my wife gets checks from multiple stock photography sites. Even if she were to stop uploading photos she would continue to get checks for years to come... How do I Know? She is still making money off of photos she uploaded 7 years ago.

That is passive.

And even better... She doesn't have to advertise.
#income #passive #true
  • Profile picture of the author Jon Patrick
    Sounds like a nice gig! Of course, website income can be relatively passive as well, depending on your business model.
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  • Profile picture of the author David Sneen
    Congratulations to you and your wife! What is better than passive income?

    Of course, your wife has a rare skill. Since I do not possess it, I will continue to promote my blog...and seek semi-passive income.
    Signature
    David Sneen
    It's what you do when no one is watching
    that determines what you will be able to
    do when everyone is watching.
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  • Profile picture of the author JoeDRL
    Yeah, i can recall a WSO which was exactly about what your wife is doing except the graphics were obtained by outsourcing on fiverr (basic idea, not revealing the WSO).

    That's a cool method and I'm glad your wife can make good money from it.

    How could you apply that in other areas such as internet marketing in your opinion?

    Be happy, be successful,
    ~ JoeDRL
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  • Profile picture of the author washout
    Outsourcing on fiverr is a great idea. I'll have to give it a try with this method.
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